This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of options activity happening in the Information Technology sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | TRADE | BULLISH | 12/15/23 | $192.50 | $31.0K | 16.6K | 37.0K |
AMD | CALL | SWEEP | BULLISH | 12/15/23 | $133.00 | $32.2K | 4.7K | 33.7K |
NVDA | CALL | SWEEP | BEARISH | 12/15/23 | $470.00 | $48.5K | 9.9K | 30.1K |
INTC | CALL | SWEEP | BEARISH | 12/15/23 | $45.00 | $27.2K | 34.8K | 13.3K |
AVGO | CALL | SWEEP | NEUTRAL | 12/15/23 | $1000.00 | $27.8K | 3.9K | 7.8K |
SNOW | CALL | TRADE | NEUTRAL | 12/22/23 | $200.00 | $38.5K | 1.7K | 2.8K |
TSM | CALL | SWEEP | BULLISH | 03/15/24 | $100.00 | $48.2K | 12.8K | 2.4K |
MSFT | CALL | SWEEP | NEUTRAL | 01/19/24 | $385.00 | $27.1K | 13.1K | 1.3K |
CLSK | CALL | SWEEP | BEARISH | 01/19/24 | $7.50 | $38.2K | 13.9K | 971 |
HPQ | CALL | SWEEP | BEARISH | 02/16/24 | $31.00 | $64.9K | 912 | 953 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AAPL AAPL, we notice a call option trade that happens to be bullish, expiring in 4 day(s) on December 15, 2023. This event was a transfer of 200 contract(s) at a $192.50 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $155.0 per contract. There were 16619 open contracts at this strike prior to today, and today 37034 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on December 15, 2023. This event was a transfer of 120 contract(s) at a $133.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $32.2K, with a price of $269.0 per contract. There were 4720 open contracts at this strike prior to today, and today 33755 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on December 15, 2023. Parties traded 100 contract(s) at a $470.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $48.5K, with a price of $485.0 per contract. There were 9913 open contracts at this strike prior to today, and today 30146 contract(s) were bought and sold.
• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 15, 2023. This event was a transfer of 400 contract(s) at a $45.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $27.2K, with a price of $68.0 per contract. There were 34894 open contracts at this strike prior to today, and today 13333 contract(s) were bought and sold.
• For AVGO AVGO, we notice a call option sweep that happens to be neutral, expiring in 4 day(s) on December 15, 2023. This event was a transfer of 9 contract(s) at a $1000.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $3095.0 per contract. There were 3947 open contracts at this strike prior to today, and today 7884 contract(s) were bought and sold.
• Regarding SNOW SNOW, we observe a call option trade with neutral sentiment. It expires in 11 day(s) on December 22, 2023. Parties traded 100 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $38.5K, with a price of $385.0 per contract. There were 1738 open contracts at this strike prior to today, and today 2851 contract(s) were bought and sold.
• For TSM TSM, we notice a call option sweep that happens to be bullish, expiring in 95 day(s) on March 15, 2024. This event was a transfer of 76 contract(s) at a $100.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $48.2K, with a price of $635.0 per contract. There were 12806 open contracts at this strike prior to today, and today 2405 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with neutral sentiment. It expires in 39 day(s) on January 19, 2024. Parties traded 72 contract(s) at a $385.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $378.0 per contract. There were 13148 open contracts at this strike prior to today, and today 1339 contract(s) were bought and sold.
• For CLSK CLSK, we notice a call option sweep that happens to be bearish, expiring in 39 day(s) on January 19, 2024. This event was a transfer of 182 contract(s) at a $7.50 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $38.2K, with a price of $210.0 per contract. There were 13946 open contracts at this strike prior to today, and today 971 contract(s) were bought and sold.
• Regarding HPQ HPQ, we observe a call option sweep with bearish sentiment. It expires in 67 day(s) on February 16, 2024. Parties traded 773 contract(s) at a $31.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $64.9K, with a price of $84.0 per contract. There were 912 open contracts at this strike prior to today, and today 953 contract(s) were bought and sold.
Options Alert Terminology
- Call Contracts: The right to buy shares as indicated in the contract.
- Put Contracts: The right to sell shares as indicated in the contract.
- Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it.
- Premium/Option Price: The price of the contract.
For more information, visit our Guide to Understanding Options Alerts or read more about unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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